Industry News
Chemical Industry News
Mideast polyol offers rise on feedstock supply and costs constraints
Singapore (ICIS)--Spot offers and selling indications for polyol exports to the Middle East rose in the week ending 16 October as sellers pointed to elevated feedstock costs and upstream supply...
Mideast isocyanate offers ease on tepid buying sentiment
Singapore (ICIS)--Spot offers and selling indications for isocyanate exports to the Middle East (Mideast) eased in the week ending 16 October as sellers resumed their activity post-holidays, with...
India’s Sept exports rise 6.75%, trade deficit widens to 13-month high
MUMBAI (ICIS)--India’s merchandise exports in September grew by 6.75% year on year to $36.4 billion while the trade deficit for the month widened to a thirteen-month high of $32.2 billion on a...
Start-up challenge from auto motor und sport: TaiSan wins with innovative battery concept
With the further development of electrolyte technology for battery systems, the British company TaiSan wins this year's start-up challenge organized by auto motor und sport in cooperation with Reziprok Ventures and heartfelt_. With this prize,
No more problems with reflective surfaces
Most people have been irritated by the reflection of sunlight on their smartphone display or their spectacles. Many solutions are available — but until now none for curved surfaces or situations with a wide range
High-Energy Water: Researchers reveal how displaced water can supercharge molecular binding
“Water is not just the backdrop of life’s chemistry—it often drives the action,” says Werner Nau, Professor of Chemistry at Constructor University and co-lead author of a new study in Angewandte Chemie International Edition. “By
China local MMA prices end uptrend amid ample import arrivals, renewed tariff tensions
SINGAPORE (ICIS)--East China’s domestic yuan-denominated pricing for methyl methacrylate (MMA) snapped out of its earlier uptrend to extend declines into a third day as of 15 October, ICIS data...
China’s petchem market dips in Sept, long supply to suppress the market in near term
SINGAPORE (ICIS)--China's petrochemical market came under pressure in September due to increased supply from new capacities and restarted units following maintenance. Out of 30 products, 18 saw price...
Malaysia crude palm oil output and PKO stocks down in September: MPOB
SINGAPORE (ICIS) – Malaysia’s crude palm oil (CPO) production fell 0.73% from August to 1.84 million tonnes in September, according to the Malaysian Palm Oil Board (MPOB). Palm kernel oil (PKO),...
India LAB demand tapers ahead of Diwali but tightness buoys local market
SINGAPORE (ICIS)--Activity in the linear alkyl benzene (LAB) market in India has slowed ahead of the Diwali festivities starting early next week. Buyers have mostly accumulated some stocks to tide...
S Korea benzene exports in early Oct down over same period last month
SINGAPORE (ICIS)--South Korea exported some 47,132 tonnes of benzene in the first 10 days of October, based on sources familiar with the market. For the first 10 days of September, South Korea had...
Asian, Mideast Group II 500N/600N sentiments dampen on supply length
DUBAI (ICIS)--Discussions for heavy grade 500N base oils on the sidelines of the 20th ICIS Middle Eastern Base Oils and Lubricants Conference continue to be undermined by bearish undertones. Offers...
India’s Reliance H2 Oct MEG contract nomination down by $20/tonne
SINGAPORE (ICIS)--India’s Reliance Industries announced its nomination for the second half of October monoethylene glycol (MEG) contract price at $505/tonne, a company source said. The price is on...
Venture Global’s arbitration loss to BP exposes exporter to $1B-plus in damages
Arbitration tribunal sides with BP over Venture Global Decision highlights VG's risks with several pending arbitration decisions BP's damages hearing likely to occur in 2026 HOUSTON (ICIS)--Venture...
Mideast base oils Group III 4cSt ex tank UAE talks up on limited supply
DUBAI (ICIS)--Group III 4cSt ex tank United Arab Emirates (UAE) spot discussions for the week ending 17 October have been heard at higher levels so far amid snug supply. Offers at $1,095/tonne...
Dutch Nouryon completes metal alkyls capacity expansion in China
SINGAPORE (ICIS)--Nouryon has completed a capacity expansion for metal alkyls production at its facility in the eastern Chinese city of Jiaxing, doubling its production capacity of co-catalyst...
INSIGHT: Risk aversion deepens as Asia’s chemical market weakens in Oct
SINGAPORE (ICIS)--Asia’s chemical markets are experiencing increased risk aversion as the fourth quarter unfolds, with sentiment and prices weighed down by intensifying trade tensions, slowing...
Plant status: Taiwan’s Taita Chemical runs ABS unit at 60%
SINGAPORE (ICIS)--Here is a plant status report: Name: Taita Chemical Location: Kaohsiung, Taiwan Product: Acrylonitrile butadiene styrene (ABS) Capacity (tonnes/year): 100,000 Event start:...
Plant status: Malaysia’s Lotte Chemical Titan shuts BTX on technical issues
SINGAPORE (ICIS)--Here is a plant status report: Name: Lotte Chemical Titan Location: Pasir Gudang, Malaysia Product: Benzene, toluene, xylenes (BTX) Capacity (tonnes/year): 157,000 (benzene);...
Malaysia’s Lotte Chemical Titan starts commercial ops at Indonesia LINE project
SINGAPORE (ICIS)--Lotte Chemical Titan (LCT) on 15 October commenced commercial operations at its $3.95-billion Lotte Chemical Indonesia New Ethylene (LINE) project at Merak, Cilegon, the...